Gazprom Neft Prescheduled Loan Repayment to Vnesheconombank

Gazprom Neft repaid a loan in the amount of $375 mln. prior to the scheduled maturity date. The one-year term loan was accommodated by the Bank for Development and Foreign Economic Affairs (Vnesheconombank) on January 14, 2009. The funds raised on loan were steered into partial refinancing of bonds issued by the Company in 2002.